CONSTRUCTIONPENDING

UNLV plans 50-year Vegas Loop station deal

UNLV plans to enter a long-term Development Agreement with The Boring Company to design, construct, and deliver a Vegas Loop transit station on campus at no capital cost to the university. The 50-year, extendable agreement places all construction, financing, and restoration obligations on The Boring Company while granting UNLV ownership of the completed station and associated benefits.

Document date · June 22, 2026

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Derivita logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
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Scope & details

The full contract record, as filed.

Contract type
CONSTRUCTION
Contract term
Initial 50-year term commencing on the Effective Date, with one additional 50-year extension available by mutual agreement, coterminous with Clark County franchise agreement
Renewal
One additional term of up to 50 years available by mutual written agreement, contingent on extension of TBC’s Clark County Franchise Agreement and TBC not being in default. Agreement automatically terminates if the county franchise expires or is terminated.
Document type
Agreement
Source document
UNLV Agreement Executive Summary: UNLV and The Boring Company 2026-06-22

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Nevada System of Higher Education Board of Regents?

The Boring Company was awarded this construction contract by Nevada System of Higher Education Board of Regents, as recorded on June 22, 2026.

What type of contract is this?

This is a Construction contract, documented as a agreement record.

Where was this contract approved?

This contract appears in UNLV Agreement Executive Summary: UNLV and The Boring Company 2026-06-22 (Agreement), dated June 22, 2026 from Nevada System of Higher Education Board of Regents. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does The Boring Company hold?

The Boring Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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